Egide SA (France) Performance
| ALGID Stock | 0.38 0.01 2.56% |
The firm shows a Beta (market volatility) of 0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, Egide SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Egide SA is expected to be smaller as well. Egide SA right now shows a risk of 4.59%. Please confirm Egide SA value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if Egide SA will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Egide SA has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Egide SA is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
Egide |
Egide SA Relative Risk vs. Return Landscape
If you would invest 40.00 in Egide SA on September 1, 2024 and sell it today you would lose (2.00) from holding Egide SA or give up 5.0% of portfolio value over 90 days. Egide SA is generating 0.0262% of daily returns and assumes 4.5883% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Egide, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Egide SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Egide SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Egide SA, and traders can use it to determine the average amount a Egide SA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0057
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Estimated Market Risk
| 4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Egide SA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Egide SA by adding Egide SA to a well-diversified portfolio.
Things to note about Egide SA performance evaluation
Checking the ongoing alerts about Egide SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Egide SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Egide SA has some characteristics of a very speculative penny stock | |
| Egide SA had very high historical volatility over the last 90 days |
- Analyzing Egide SA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Egide SA's stock is overvalued or undervalued compared to its peers.
- Examining Egide SA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Egide SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Egide SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Egide SA's stock. These opinions can provide insight into Egide SA's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Egide Stock Analysis
When running Egide SA's price analysis, check to measure Egide SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Egide SA is operating at the current time. Most of Egide SA's value examination focuses on studying past and present price action to predict the probability of Egide SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Egide SA's price. Additionally, you may evaluate how the addition of Egide SA to your portfolios can decrease your overall portfolio volatility.